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Cognizant signs 10-year deal with European bank Dexia; to rebadge 150 employeesThe implementation will take place in two stages, with the transfer of IT services by November 2017 and of business operations by May 2018 ...- Fitch downgrades French banks, regionsFitch Ratings has lowered credit ratings for several leading French banks, days after downgrading the country's credit status as it struggl...
- China will write off $3 trillion, says Satyajit Das, a derivatives specialistIn Eurozone crisis, debtors have sinned, but creditors are hardly without sin, says Satyajit Das
- Dexia Chairman Dehaene to resign Belgian unit roleDexia agreed early on Monday to the nationalisation of its Belgian banking division and secured 90 billion euros ($121 billion) in state gu...
- EU mulls plan to boost bank capitalEuropean Union officials are working on plans to boost bank capital to contain the euro-region’s debt crisis, the IMF said.
- European bank stress test results due on July 23The result of tests designed to show that Europe's banks are able to cope with further economic and other shocks will be published on July ...
- Dexia bank slashes jobsDexia SA, the world's biggest lender to local authorities, said that it would scrap 602 jobs to shave some euro600 million from its running...
- Worldwide bailouts 10 times bigger than Indian economyIn their efforts to tackle the global economic crisis, the rescue packages announced by the governments across the world has crossed 10 tri...
- Dexia swings to 1.5 billion euro 3Q lossDexia, the world's biggest lender to local authorities, reported Friday it swung to a loss of 1.5 billion euros ($1.88 billion) in the thir...
- Buffet, Ross eye Dexia’s US bond unitThe insurance businesses of US billionaire investors Warren Buffet and Wilbur Ross are close to buying all or part of the US bond insurance...
- Golden paydays for bankers over: LawmakersWhile governments worldwide have not yet agreed on a solution to fix the current global economic crisis, nearly all agree on the cause of t...
- Belgium, France, Luxembourg guarantee Dexia bankThe governments of France, Belgium and Luxembourg announced Thursday they will give struggling lender Dexia SA a yearlong guarantee on its ...
- CEO of troubled Dexia bank gives up 'golden parachute'The chief executive of troubled Franco-Belgian bank Dexia, who resigned after a government bail out, said on Friday he will not be walking ...
- Europe steps up action to contain falloutEurope on Tuesday scrambled to shore up fragile banks and stock markets plunged.
- Dexia gets 6.4 billion euro three-state bailoutDexia became the latest European bank to need a bailout Tuesday, with Belgium, France and Luxembourg pumping 6.4 billion euros into the gro...
- French parliament to grill minister over finance crisisFrench Economy Minister Christine Lagarde will be questioned by parliament on Tuesday on the fallout from the global financial crisis and F...
- Dexia bank gets euro6.4 billion bailoutDexia became the second Belgian bank this week to get a government and shareholder bailout Tuesday when Belgium.
- Europe scrambles to save banks from meltdownAs the shockwave from the US financial meltdown battered Europe on Tuesday, governments scrambled to shore up fragile banks and stock marke...
- Dexia to receive 6.4 bn euros: Belgian PMBelgian Prime Minister Yves Leterme said on Tuesday that the governments of Belgium, France and Luxembourg had agreed to inject 6.4 bn euro...
- Cos look to cook up winning teams over a well-made mealChristian Scharff, head of human resources at Dexia’s Luxembourg unit, likes to take his colleagues out for a good chat over a lavish meal ...
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